Semanteon Capital Management LP Buys Shares of 6,057 America’s Car-Mart, Inc. (NASDAQ:CRMT)

Semanteon Capital Management LP bought a new stake in shares of America’s Car-Mart, Inc. (NASDAQ:CRMT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 6,057 shares of the company’s stock, valued at approximately $310,000. Semanteon Capital Management LP owned approximately 0.07% of America’s Car-Mart at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Inceptionr LLC bought a new stake in America’s Car-Mart during the 4th quarter valued at $304,000. Cornerstone Investment Partners LLC bought a new stake in America’s Car-Mart during the 4th quarter valued at $220,000. Charles Schwab Investment Management Inc. boosted its position in America’s Car-Mart by 8.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 75,887 shares of the company’s stock valued at $3,889,000 after acquiring an additional 5,734 shares in the last quarter. Flaharty Asset Management LLC boosted its position in America’s Car-Mart by 75.0% during the 4th quarter. Flaharty Asset Management LLC now owns 7,000 shares of the company’s stock valued at $359,000 after acquiring an additional 3,000 shares in the last quarter. Finally, Rhumbline Advisers boosted its position in America’s Car-Mart by 5.8% during the 4th quarter. Rhumbline Advisers now owns 10,235 shares of the company’s stock valued at $525,000 after acquiring an additional 564 shares in the last quarter. Institutional investors own 89.10% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on CRMT. StockNews.com raised America’s Car-Mart from a “hold” rating to a “buy” rating in a research report on Friday, March 7th. Stephens raised America’s Car-Mart from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd.

America’s Car-Mart Price Performance

America’s Car-Mart stock opened at $47.59 on Friday. The stock has a market capitalization of $393.19 million, a price-to-earnings ratio of -58.04, a PEG ratio of 1.41 and a beta of 1.71. America’s Car-Mart, Inc. has a 1-year low of $36.40 and a 1-year high of $72.26. The business has a fifty day moving average price of $46.66 and a 200-day moving average price of $46.43.

America’s Car-Mart (NASDAQ:CRMT) last posted its quarterly earnings data on Thursday, March 6th. The company reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.38. The firm had revenue of $325.73 million during the quarter, compared to analysts’ expectations of $282.83 million. America’s Car-Mart had a negative return on equity of 2.26% and a negative net margin of 0.29%. On average, equities research analysts anticipate that America’s Car-Mart, Inc. will post 0.86 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Jonathan Z. Buba bought 75,000 shares of America’s Car-Mart stock in a transaction that occurred on Monday, March 10th. The stock was bought at an average price of $43.80 per share, for a total transaction of $3,285,000.00. Following the purchase, the director now directly owns 619,686 shares of the company’s stock, valued at approximately $27,142,246.80. The trade was a 13.77 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 19.60% of the stock is currently owned by company insiders.

America’s Car-Mart Company Profile

America’s Car-Mart, Inc, through its subsidiaries, operates as an automotive retailer for the used car market in the United States. It primarily sells older model used vehicles and provides financing for its customers. The company was founded in 1981 and is headquartered in Rogers, Arkansas.